Tag: GOGO

Blue Horseshoe Stocks: DGLY, GOGO, JRJC & Extended Watchlist

Digital Ally, Inc. DGLY

DGLY came off of yesterday’s extended watchlist to perform admirably. The stock has been trading quite actively after some recent news that the company had been receiving inquiries from law enforcement agencies about its FirstVU HD Officer-Worn Video System, following recent events in Ferguson, Missouri. DGLY’s system seems like it would be a great way to achieve maximum accountability for street-level police officers.

We saw DGLY trading at 5.75 yesterday morning, and it would go on to hit 8.00 on more than 7x its monthly average volume, so cheers to anyone who was able to take advantage of that 39% intraday move.


China Finance Online Companies, Inc. JRJC

JRJC was another play off of yesterday’s extended watchlist to have a pretty good session. The stock came out of the gate trading at a low of 9.26 and gradually pushed its way up to a high of 11.88 over the course of the morning and into the early afternoon. That was good for possible gains of up to 28% on over 10x its 1-month average volume.

Gogo, Inc. GOGO

GOGO is a stock we were mentioning back in the spring, which made a small move, but then went into a months-long consolidation that culminated in recent lows in the $14-range.

After posting higher highs and higher lows over the past six sessions, GOGO cracked its 50DMA yesterday, so we thought it’d be good to watch this stock more intently as it trends off of its bottom.

While there’s nothing certain about it, we’ve heard some buyout rumors floating around about GOGO, which adds an extra element of interest to this play.

Extended Watchlist:
DRNE, DRL, TOPS, PSMI, MSN

Blue Horseshoe Stocks: GRCU, SPEX, Options & Extended Watchlist

Green Cures & Botanical Distribution Inc. GRCU

We made sure to tag this long-time favorite yesterday on its first day trading as GRCU (Formerly TTDZ), and the stock made a couple of nice swings for us.

It played out a dip and rip scenario, trading up to .039 first thing in the morning before coming back to bounce off of the ,029 -level and making a subsequent 21% move to .035. It dipped back to .029 once again before running back to .0325, tacking on an extra 12% to possible gains for the day.

Moving forward, we’d like to see GRCU hold support above yesterday’s swing-low of .029, and attempt to break through resistance at .039.

Green Cures’ product line is Green Magic, which is sold at allbotanical.com; They also have a product called Hemjoba, a phytocannabinoid (compound found in cannabis) topical pain relieving lotion.

With some key changes in management coming as well, we won’t want to let GRCU slip off of our radars in the foreseeable future.

Spherix, Inc. SPEX

After including SPEX in our Extended Watchlist yesterday, we were especially pleased with the monster session it put forth. After opening at 1.69, it traded all the way up to 3.20; a solid 89% move on huge volume.  If we’ve said it once we’ve said it a hundred times. Plays like these are exactly why it’s so important to monitor our Extended Watchlist plays as intensively as those that we feature. Hidden gems like this are turning up all the time.

SPEX has already traded in a range from 3.35-4.25 in pre-market trading this morning, so we’ll be open to the possibility of a nice bounceplay wif and when eventual profit-taking begins to pull this one back. Those just showing up to this party will want to be on the lookout for that reversal, and be ready to snipe some quick gains on a possible dip-and-rip.

Options Calls Continue To Pay Dividends on Record Bull Run

All of the big-board momentum plays that we’ve been tracking options in since last week continued to yield us prime opportunities yesterday. Multiple times, we’ve reminded readers of the high potential in PCLN, FB, TSLA, GOGO, DDD, and of course, AAPL.

If people were in-sync with our line of thinking heading into yesterday’s session, it’s highly likely that they came away with some serious profit trading options calls in any of these plays.

The bullish trend in the overall market hasn’t yet exhibited any clear signs of slowing down, even as it pushes to new all-time highs.

Extended Watchlist:
IGC, CYTR, FCEL, DRWI

Blue Horseshoe Stocks: Update on AAPL & Extended Watchlist

Apple, Inc. AAPL – Options

On Friday, our morning report contained a blurb in which we stated we’d be “hot on the trail of potential gains in the Apple options chain”, and we certainly hope folks got in on some of the action that ensued. We have been following AAPL quite heavily since our report on Wed. the 14th, wherein we commented on the Apple-Beats buyout rumor.

AAPL stock tore out of the gate, bulling its way up all day to more than $614 just prior to the close. As a result, the options contracts we were following in the $605-610 range steadily ramped up in price over the course of the session.

As you can see on the graphic below, some truly notable gains were possible for anyone trading these contracts. The daily ranges on these things were quite impressive:

$605 Calls – Day’s Range: 2.15-9.76 – Max Gain: 354%

$607 Calls – Day’s Range: .83-7.13 – Max Gain: 759%

$610 Calls – Day’s Range: .25-4.70 – Max Gain: 1780%

It really wouldn’t have mattered which Calls you were into on Friday- traders literally could have thrown a dart at a board filled with contracts and come up with a winner!

AAPL continued to press upward this morning, as the stock has traded as high as the 618.90’s in pre-market activities. Now that it has broken well above the previous resistance point of $607.33, that’s the level we’d like to see hold as support in the event of any pullbacks.

Other stocks that had significant gains in the options calls from last week that we want to continue to monitor this week include: DDD, TSLA, GOGO, DDD & FEYE


Side Note:

Triton Distribution Systems, Inc. TTDZ now trading as:
Green Cures & Botanical Distribution Inc. GRCU

TTDZ, a stock that has given us many chances to profit in 2014, finally underwent the name and symbol change that we had been anticipating, becoming GRCU.

If you recall, this play was one of the largest runners we encountered during the “green rush” earlier this year. We caught it at a low of .0012 on January 30th, and subsequently rode it to a high of .049 in early April. For anyone without a calculator handy, that equates to a staggering move of 3983% in just over two months time! It’s hard not to call that one of our biggest successes of the year so far.

The company has also gone live with a new website that you can find @ http://gcbdinc.com/

We’re going to begin monitoring this, and other marijuana related plays more heavily in coming weeks. As many of you will remember, we’re anxiously awaiting the start of legal sales in Washington State, presently slated for mid-July. It could very well provide the cannabis sector with another swell of interest and buying, much like the beginning of sales in Colorado did back in January, which of course sparked one of the most monumental sector surges the penny markets have ever seen.

Extended Watchlist:
BCRX, ARO, VRNG, INO, SPEX, ADXS